BLAW TEST 1 Flashcards
arbitration
Process- Neutral person makes decision (binding) to resolve dispute
breach of contract
breaking a contractual promise.
business ethics
Moral principles and values determine right and wrong
business law
established rules governing commercial relationships, including the enforcement of rights.
contract law
Rules that make agreements binding and, facilitate planning and the enforcement of expectations.
Law
rules/principles guiding conduct in society
legal risk management plan
Action plan for dealing with the legal risks involved in operating a business.
liability
Legal responsibility for the event or loss that has occurred.
litigation
The process involved when one person sues another.
mediation
A process where parties to a dispute endeavour to reach a resolution – help fr neutral party
trademark
A sign/combo of signs - distinguish a person’s products or services from those of others.
Aboriginal rights
Rights that exist where treaties have not been negotiated and include rights relating to the occupation of land as well as rights which arise “from a distinctive practice, custom, or tradition that may or may not be connected” to land.
administrative law
Rules created and applied by those having governmental powers.
bill
Proposed legislation.
bylaws
Laws made by the municipal level of government.
cabinet
A body composed of all ministers heading government departments, as well as the prime minister or premier.
Canadian Charter of Rights and Freedoms
A guarantee of specific rights and freedoms enshrined in the Constitution and enforceable by the judiciary.
Canadian legal system
The machinery that comprises and governs the legislative, executive, and judicial branches of government.
Civil Code of Québec
The rules of private law that govern Québec.
common law
The body or collection of judge-made law as recorded in judgments.
concurrent jurisdiction
Jurisdiction that is shared between levels of government.
constitutional conventions
Important rules that are not enforceable by a court of law but that practically determine how a given power is exercised by government.
constitutional law
The supreme law of Canada that constrains and controls how the branches of government exercise power.
Crown
The state or government
domestic law
The internal law of a given country, which includes both statute and common law.
equity
Rules that focus on what would be fair given the specific circumstances of the case, as opposed to what the strict rules of common law might dictate.
exclusive jurisdiction
Jurisdiction that one level of government holds entirely on its own and not on a shared basis with another level.
Federal Court of Canada
The court that deals with some types of litigation involving the federal government.
formal executive
The branch of government responsible for the ceremonial features of government.
government policy
The central ideas or principles that guide government in its work, including the kinds of laws it passes.
inferior court
A court with limited financial jurisdiction whose judges are appointed by the provincial government.
international law
Law that governs relations between states and other entities with international legal status.
judges
Those appointed by federal or provincial governments to adjudicate on a variety of disputes, as well as to preside over criminal proceedings.
judgement
A formal ruling in the matter as well as reasons for that outcome.
judiciary
A collective reference to judges.
jurisdiction
The power that a given level of government has to enact laws
legislative branch
The branch of government that creates statute law.
Liberalism
political philosophy that emphasizes individual freedom as its key organizing value.
paramountcy
A doctrine that provides that federal laws prevail when there are conflicting or inconsistent federal and provincial laws.
political executive
The branch of government responsible for day-to-day operations, including formulating and executing government policy, as well as administering all departments of government.
precedent
An earlier case used to resolve a current case because of its similarity.
private law
Areas of law that concern dealings between persons.
procedural law
The law governing the procedure to enforce rights, duties, and liabilities.
public law
Areas of the law that relate to or regulate the relationship between persons and government at all levels.
regulations
Rules created by the political executive that have the force of law.
small claims court
A court that deals with claims up to a specified amount.
statute law
Formal, written laws created or enacted by the legislative branch of government.
substantive law
defines rights, duties, and liabilities.
superior courts
Courts with unlimited financial jurisdiction whose judges are appointed by the federal government.
Supreme Court of Canada
The final court for appeals in the country
Treaty rights
Rights arising in relation to official agreements between the Crown and Indigenous Peoples.
enterprise risk management
The process of identifying and managing all business risks.
risk avoidance
Ceasing a business activity because the legal risk is too great.
risk reduction
Implementing practices in a business to lower the probability of loss and its severity.
risk retention
Absorbing the loss if a legal risk materializes.
risk transference
Shifting the risk to someone else through a contract.